Skyharbour: Top Uranium Investment Opportunity

Investor Insight

Skyharbour Resources provides exposure to high-grade uranium discovery potential in the Athabasca Basin through its co-flagship Moore and Russell Lake projects, supported by a strategic joint venture with Denison Mines at Russell Lake and a portfolio-wide exploration pipeline of over 30,000 metres of drilling planned for 2026. With ongoing drilling, multiple partner-funded programs, and a large project portfolio advanced through strategic partnerships, the company is positioned to deliver consistent exploration catalysts in a strengthening uranium market.

Overview

Skyharbour Resources (TSXV:SYH,OTCQX:SYHBF,FWB:SC1P) is a uranium exploration company focused on the Athabasca Basin, a region recognized for hosting some of the highest-grade uranium deposits globally. The company employs a hybrid approach, advancing its core projects while partnering on non-core assets through earn-in and joint venture agreements.

In 2025, Skyharbour completed 17,728 metres of drilling, including 7,884 metres at Moore and 9,844 metres at Russell Lake. These programs tested multiple target areas and confirmed high-grade uranium mineralization at the Maverick Zone at Moore while advancing targets at Russell Lake.

For 2026, exploration is expected to continue across the portfolio, including over 15,000 metres of drilling at Russell Lake and over 30,000 metres across Skyharbour’s broader project portfolio, supported by joint venture and earn-in partners through ongoing programs.

Company Highlights

• Large-Scale Portfolio: 43 uranium projects covering 662,887 hectares (1.6M acres) in the prolific Athabasca Basin.
• Dual Strategy: Advancing the Moore and Russell Lake projects while utilizing a prospect generator model across secondary assets.
• Denison Joint Venture: Agreement at Russell Lake provides for up to C$61.5 million in total project consideration.
• 2026 Exploration Activity: Over 15,000 metres of drilling planned at Russell Lake, 8-10,000 metres of drilling at Moore Lake and approx. 6,000 metres of drilling anticipated across the broader project portfolio.
• High-Grade Results at Moore: Drilling has returned 11.77 percent U₃O₈ over 1.6 metres within 4.84% over 4.4 metres.
• Partner-Funded Model: Agreements represent $76.2 million in exploration expenditures, over $19 million in cash payments, and over $26 million in share issuances.

The Moore Lake Uranium Project comprises 35,705 hectares in the eastern Athabasca Basin and hosts the 4.7-kilometre Maverick structural corridor. The project has benefited from over $50 million in historical exploration and more than 140,000 metres of drilling, providing a substantial technical foundation.

Drilling has intersected…